FRANKLIN MADISON GROUP LLC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan FRANKLIN MADISON GROUP 401(K) PLAN
Measure | Date | Value |
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2022 : FRANKLIN MADISON GROUP 401(K) PLAN 2022 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2022-02-28 | $0 |
Total transfer of assets from this plan | 2022-02-28 | $28,764,203 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-02-28 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-02-28 | $0 |
Total income from all sources (including contributions) | 2022-02-28 | $-564,238 |
Total loss/gain on sale of assets | 2022-02-28 | $0 |
Total of all expenses incurred | 2022-02-28 | $7,850 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-02-28 | $7,850 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-02-28 | $0 |
Value of total assets at end of year | 2022-02-28 | $0 |
Value of total assets at beginning of year | 2022-02-28 | $29,336,291 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-02-28 | $0 |
Total interest from all sources | 2022-02-28 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-02-28 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-02-28 | No |
Was this plan covered by a fidelity bond | 2022-02-28 | Yes |
Value of fidelity bond cover | 2022-02-28 | $500,000 |
If this is an individual account plan, was there a blackout period | 2022-02-28 | No |
Were there any nonexempt tranactions with any party-in-interest | 2022-02-28 | No |
Participant contributions at end of year | 2022-02-28 | $0 |
Participant contributions at beginning of year | 2022-02-28 | $145,720 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-02-28 | No |
Value of net income/loss | 2022-02-28 | $-572,088 |
Value of net assets at end of year (total assets less liabilities) | 2022-02-28 | $0 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-02-28 | $29,336,291 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-02-28 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2022-02-28 | No |
Were any leases to which the plan was party in default or uncollectible | 2022-02-28 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-02-28 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-02-28 | $29,190,571 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-02-28 | $-564,238 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-02-28 | No |
Was there a failure to transmit to the plan any participant contributions | 2022-02-28 | No |
Has the plan failed to provide any benefit when due under the plan | 2022-02-28 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-02-28 | $7,850 |
Did the plan have assets held for investment | 2022-02-28 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-02-28 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-02-28 | Yes |
Opinion of an independent qualified public accountant for this plan | 2022-02-28 | Unqualified |
Accountancy firm name | 2022-02-28 | LBMC, PC |
Accountancy firm EIN | 2022-02-28 | 621199757 |
2021 : FRANKLIN MADISON GROUP 401(K) PLAN 2021 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
Total income from all sources (including contributions) | 2021-12-31 | $5,491,391 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $1,939,398 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $1,795,799 |
Expenses. Certain deemed distributions of participant loans | 2021-12-31 | $35,350 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $1,899,236 |
Value of total assets at end of year | 2021-12-31 | $29,336,291 |
Value of total assets at beginning of year | 2021-12-31 | $25,784,298 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $108,249 |
Total interest from all sources | 2021-12-31 | $3,490 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $5,000,000 |
If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Contributions received from participants | 2021-12-31 | $1,293,997 |
Participant contributions at end of year | 2021-12-31 | $145,720 |
Participant contributions at beginning of year | 2021-12-31 | $98,025 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $39,576 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Value of net income/loss | 2021-12-31 | $3,551,993 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $29,336,291 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $25,784,298 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
Investment advisory and management fees | 2021-12-31 | $108,249 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $29,190,571 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $25,686,273 |
Interest on participant loans | 2021-12-31 | $3,490 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $3,588,665 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
Contributions received in cash from employer | 2021-12-31 | $565,663 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $1,795,799 |
Did the plan have assets held for investment | 2021-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
Accountancy firm name | 2021-12-31 | LBMC, PC |
Accountancy firm EIN | 2021-12-31 | 621199757 |
2020 : FRANKLIN MADISON GROUP 401(K) PLAN 2020 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
Total income from all sources (including contributions) | 2020-12-31 | $5,246,590 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $988,199 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $904,368 |
Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $17,374 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $1,667,205 |
Value of total assets at end of year | 2020-12-31 | $25,784,298 |
Value of total assets at beginning of year | 2020-12-31 | $21,525,907 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $66,457 |
Total interest from all sources | 2020-12-31 | $4,601 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Contributions received from participants | 2020-12-31 | $1,150,104 |
Participant contributions at end of year | 2020-12-31 | $98,025 |
Participant contributions at beginning of year | 2020-12-31 | $97,896 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Value of net income/loss | 2020-12-31 | $4,258,391 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $25,784,298 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $21,525,907 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $25,686,273 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $21,428,011 |
Income. Interest from loans (other than to participants) | 2020-12-31 | $4,601 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $3,574,784 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
Contributions received in cash from employer | 2020-12-31 | $517,101 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $904,368 |
Contract administrator fees | 2020-12-31 | $66,457 |
Did the plan have assets held for investment | 2020-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
Accountancy firm name | 2020-12-31 | LBMC, PC |
Accountancy firm EIN | 2020-12-31 | 621199757 |
2019 : FRANKLIN MADISON GROUP 401(K) PLAN 2019 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
Total income from all sources (including contributions) | 2019-12-31 | $5,628,695 |
Total loss/gain on sale of assets | 2019-12-31 | $0 |
Total of all expenses incurred | 2019-12-31 | $330,467 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $269,612 |
Expenses. Certain deemed distributions of participant loans | 2019-12-31 | $2,399 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $1,863,718 |
Value of total assets at end of year | 2019-12-31 | $21,525,907 |
Value of total assets at beginning of year | 2019-12-31 | $16,227,679 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $58,456 |
Total interest from all sources | 2019-12-31 | $4,877 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
Contributions received from participants | 2019-12-31 | $1,097,682 |
Participant contributions at end of year | 2019-12-31 | $97,896 |
Participant contributions at beginning of year | 2019-12-31 | $122,828 |
Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $251,794 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Value of net income/loss | 2019-12-31 | $5,298,228 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $21,525,907 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $16,227,679 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $21,428,011 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $16,104,851 |
Interest on participant loans | 2019-12-31 | $4,877 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $3,760,100 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
Contributions received in cash from employer | 2019-12-31 | $514,242 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $269,612 |
Contract administrator fees | 2019-12-31 | $58,456 |
Did the plan have assets held for investment | 2019-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
Accountancy firm name | 2019-12-31 | LBMC, PC |
Accountancy firm EIN | 2019-12-31 | 621199757 |
2018 : FRANKLIN MADISON GROUP 401(K) PLAN 2018 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2018-12-31 | $0 |
Total transfer of assets to this plan | 2018-12-31 | $16,383,144 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
Total income from all sources (including contributions) | 2018-12-31 | $-143,190 |
Total loss/gain on sale of assets | 2018-12-31 | $0 |
Total of all expenses incurred | 2018-12-31 | $12,275 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $11,860 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $406,265 |
Value of total assets at end of year | 2018-12-31 | $16,227,679 |
Value of total assets at beginning of year | 2018-12-31 | $0 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $415 |
Total interest from all sources | 2018-12-31 | $1,455 |
Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
Value of fidelity bond cover | 2018-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2018-12-31 | Yes |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
Contributions received from participants | 2018-12-31 | $259,369 |
Participant contributions at end of year | 2018-12-31 | $122,828 |
Participant contributions at beginning of year | 2018-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $21,945 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
Value of net income/loss | 2018-12-31 | $-155,465 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $16,227,679 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $0 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $16,104,851 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $0 |
Interest on participant loans | 2018-12-31 | $1,455 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-550,910 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
Contributions received in cash from employer | 2018-12-31 | $124,951 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $11,860 |
Contract administrator fees | 2018-12-31 | $415 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2018-12-31 | Yes |
Did the plan have assets held for investment | 2018-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |